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PREC

PreciaENXTPA:PREC Stock Report

Last Price

€36.14

Market Cap

€195.4m

7D

-1.0%

1Y

65.8%

Updated

19 Jan, 2022

Data

Company Financials
PREC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

PREC Stock Overview

Precia S.A. designs, manufactures, sells, and services weighing instruments and solutions.

Rewards

Trading at 55.6% below our estimate of its fair value

Earnings have grown 5.3% per year over the past 5 years

Risk Analysis

No risks detected for PREC from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Precia
Historical stock prices
Current Share Price€36.14
52 Week High€39.97
52 Week Low€20.20
Beta0.67
1 Month Change-2.73%
3 Month Change7.51%
1 Year Change65.76%
3 Year Change111.32%
5 Year Change116.38%
Change since IPO799.08%

Recent News & Updates

Dec 07
Here's Why I Think Precia (EPA:PREC) Is An Interesting Stock

Here's Why I Think Precia (EPA:PREC) Is An Interesting Stock

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Oct 06
We Think Precia's (EPA:PREC) Profit Is Only A Baseline For What They Can Achieve

We Think Precia's (EPA:PREC) Profit Is Only A Baseline For What They Can Achieve

Even though Precia S.A.'s ( EPA:PREC ) recent earnings release was robust, the market didn't seem to notice. We think...

Jul 18
Estimating The Fair Value Of Precia S.A. (EPA:PREC)

Estimating The Fair Value Of Precia S.A. (EPA:PREC)

Does the July share price for Precia S.A. ( EPA:PREC ) reflect what it's really worth? Today, we will estimate the...

Shareholder Returns

PRECFR MachineryFR Market
7D-1.0%-0.9%-1.4%
1Y65.8%-27.3%22.9%

Return vs Industry: PREC exceeded the French Machinery industry which returned -26.7% over the past year.

Return vs Market: PREC exceeded the French Market which returned 22.8% over the past year.

Price Volatility

Is PREC's price volatile compared to industry and market?
PREC volatility
PREC Average Weekly Movement4.9%
Machinery Industry Average Movement5.1%
Market Average Movement4.5%
10% most volatile stocks in FR Market9.7%
10% least volatile stocks in FR Market2.5%

Stable Share Price: PREC is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PREC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19511,306Rene Colombelhttps://www.preciamolen.com

Precia S.A. designs, manufactures, sells, and services weighing instruments and solutions. The company offers industrial weighing scales, such as ready to weigh, postal, laboratory, load receptor, and access range of scales; user interfaces and displays, and slave displays; vehicle weighing and access control products, including weighbridges, weighbridges indicators and displays, driver terminals, and weighbridge software and accessories; on board weighing, including HELPER X electronic; and dynamic scales, including checkweigher 410 LOG. It also provides tank weighing load cells and weighing indicators; weighing stations for the manual and automatic dosing of ingredients associated with manufacturing formulas; average weight control products; bulk continuous weighing products comprising belt scales, weighing conveyors, belt speed conveyor measurement devices, and weighing controllers; and bulk discontinuous weighing, such as automatic bulk scales and discontinuous weighing controllers.

Precia Fundamentals Summary

How do Precia's earnings and revenue compare to its market cap?
PREC fundamental statistics
Market Cap€195.36m
Earnings (TTM)€9.21m
Revenue (TTM)€145.67m

21.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PREC income statement (TTM)
Revenue€145.67m
Cost of Revenue€32.82m
Gross Profit€112.85m
Expenses€103.63m
Earnings€9.21m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.70
Gross Margin77.47%
Net Profit Margin6.32%
Debt/Equity Ratio27.9%

How did PREC perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Precia undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PREC (€36.14) is trading below our estimate of fair value (€81.41)

Significantly Below Fair Value: PREC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PREC is good value based on its PE Ratio (21.2x) compared to the French Machinery industry average (27.3x).

PE vs Market: PREC is poor value based on its PE Ratio (21.2x) compared to the French market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PREC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PREC is overvalued based on its PB Ratio (2.6x) compared to the FR Machinery industry average (1.8x).


Future Growth

How is Precia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.1%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Precia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Precia performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PREC has high quality earnings.

Growing Profit Margin: PREC's current net profit margins (6.3%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: PREC's earnings have grown by 5.3% per year over the past 5 years.

Accelerating Growth: PREC's earnings growth over the past year (78%) exceeds its 5-year average (5.3% per year).

Earnings vs Industry: PREC earnings growth over the past year (78%) underperformed the Machinery industry 82.3%.


Return on Equity

High ROE: PREC's Return on Equity (12.4%) is considered low.


Financial Health

How is Precia's financial position?


Financial Position Analysis

Short Term Liabilities: PREC's short term assets (€94.4M) exceed its short term liabilities (€53.6M).

Long Term Liabilities: PREC's short term assets (€94.4M) exceed its long term liabilities (€24.6M).


Debt to Equity History and Analysis

Debt Level: PREC has more cash than its total debt.

Reducing Debt: PREC's debt to equity ratio has increased from 21.8% to 27.9% over the past 5 years.

Debt Coverage: PREC's debt is well covered by operating cash flow (96.1%).

Interest Coverage: PREC's interest payments on its debt are well covered by EBIT (133.5x coverage).


Balance Sheet


Dividend

What is Precia current dividend yield, its reliability and sustainability?

0.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PREC's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.32%).

High Dividend: PREC's dividend (0.75%) is low compared to the top 25% of dividend payers in the French market (3.87%).


Stability and Growth of Payments

Stable Dividend: PREC's dividend payments have been volatile in the past 10 years.

Growing Dividend: PREC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.8%), PREC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€17k

CEO Compensation


CEO

Rene Colombel

no data

Tenure

€16,800

Compensation

Monsieur René Colombel serves as Chairman of Management Board at Precia SA (a/k/a, Precia Société Anonyme).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Precia S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Precia S.A.
  • Ticker: PREC
  • Exchange: ENXTPA
  • Founded: 1951
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: €195.361m
  • Shares outstanding: 5.41m
  • Website: https://www.preciamolen.com

Number of Employees


Location

  • Precia S.A.
  • Le Ruissol
  • BP 106
  • Privas
  • Rhône-Alpes
  • 7001
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:12
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.